FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds



Abiy Calls for Continental Economic Transformation


Abiy Calls for Continental Economic Transformation

Calling for a shift away from aid dependency, Prime Minister Abiy Ahmed (PhD) addressed Africa's progress and challenges, emphasising the impact of geopolitical dynamics, economic hurdles, climate change, and technological advancements. During his 37th African Union (AU) Summit, Abiy addressed heads of states and pointed to Africa's vast resources, favourable climate, and large population as potential drivers for growth. While acknowledging financial constraints in the education sector, Abiy also highlighted broader challenges such as climate change, the rising cost of living, and the burden of debt. He lamented the inadequacy and high cost of financial access due to inequalities in the global financial architecture. Abiy stressed the importance of long-term financing for infrastructure development, food security, and improvements in health and education. He called for investments from financiers to support these critical areas. Reflecting on history, he highlighted the disruptive impact of colonialism, which aimed to dismantle national identity, erode knowledge, and undermine cultural heritage. Addressing the importance of peace and security, Abiy highlighted their role in social and economic development. He emphasized the significance of regional and continental integration to diversify economies and ensure peaceful coexistence with neighbouring countries. "Pragmatic solutions are needed for the continent's transformation," he finally remarked.

[ssba-buttons]

Radar

Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...


Radar

Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...


Radar

Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...